ARK Innovation ETF (NYSEARCA:ARKK) Shares Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC increased its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,288 shares of the company’s stock after buying an additional 2,225 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in ARK Innovation ETF were worth $3,045,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ARKK. D.A. Davidson & CO. increased its holdings in ARK Innovation ETF by 5.0% in the 4th quarter. D.A. Davidson & CO. now owns 13,236 shares of the company’s stock worth $693,000 after buying an additional 628 shares during the period. Commerce Bank acquired a new stake in shares of ARK Innovation ETF during the 4th quarter worth approximately $222,000. SageView Advisory Group LLC grew its stake in shares of ARK Innovation ETF by 6.3% during the 4th quarter. SageView Advisory Group LLC now owns 10,828 shares of the company’s stock worth $567,000 after purchasing an additional 642 shares during the period. Advisory Services Network LLC grew its stake in shares of ARK Innovation ETF by 7.6% during the 4th quarter. Advisory Services Network LLC now owns 12,000 shares of the company’s stock worth $628,000 after purchasing an additional 846 shares during the period. Finally, IPG Investment Advisors LLC acquired a new stake in shares of ARK Innovation ETF during the 4th quarter worth approximately $302,000.

ARK Innovation ETF Stock Down 1.1 %

Shares of NYSEARCA ARKK opened at $46.90 on Friday. ARK Innovation ETF has a 12 month low of $33.76 and a 12 month high of $54.52. The firm’s 50 day simple moving average is $44.51 and its 200-day simple moving average is $45.33.

About ARK Innovation ETF

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.